Emigrant Bank Welcomes New Managing Director in Family Office
Emigrant Bank Expands Leadership Team with Eyler Appointment
Emigrant Bank is excited to share the noteworthy addition of Kenneth M. Eyler, CPA, MBA, stepping into the pivotal role of Managing Director, Family Office Services. This strategic appointment is set to bolster the bank's commitment to meeting the unique needs of ultra-high-net-worth clients while amplifying its Family Office capabilities.
A Wealth of Experience
With over three decades in the financial sector, Mr. Eyler is exceptionally well-equipped to guide the complex operations involved in wealth management for affluent families. His previous tenure as Managing Director of Family Office Services at Cresset, where he provided top-tier advice to numerous single- and multi-family offices, reflects his deep expertise. Prior to that, he served as the Chief Executive Officer of Aquilance, which specialized in financial administration and reporting for high-net-worth families and their advisors. His background also includes a significant stint at Arthur Bell, where he led the Family Office practice for over a decade.
Vision and Values
Renowned for his pragmatic and solutions-oriented approach, Mr. Eyler emphasizes the importance of creating wealth structures designed to thrive across multiple generations. His leadership style incorporates empathy and precision, making him a valuable asset in the family office realm. Mr. Eyler also holds active board positions with organizations committed to sophisticated estate planning and environmental initiatives, showcasing his dedication to both financial and social responsibilities.
Testimonials from Leadership
In light of this exciting development, Liz Nesvold, Vice Chair of Emigrant Bank, noted, "Ken is a rare talent—humble, principled, and highly experienced in the inner workings of family offices. His adept leadership will enhance the value we bring to families and advisors alike." Mark Rogozinski, Managing Director, echoed this sentiment, expressing his enthusiasm for Eyler joining the team, highlighting their longstanding professional relationship and shared vision for Emigrant's future.
Emigrant Bank: A Historical Perspective
Since its inception in 1850, Emigrant Bank has been dedicated to providing comprehensive banking services tailored to the evolving needs of American families and a diverse emigrant population. As the largest privately held, family-owned and operated bank in America, it offers a rich portfolio of services — from fully-integrated banking solutions and custom lending to trust administration, designed to cater to the needs of wealthy individuals, families, endowments, foundations, and corporations.
Comprehensive Services Offered
Emigrant Bank’s vast array of services is delivered through various subsidiaries, including Personal Risk Management Solutions, which offers risk advisory services; specialized trust companies like Sarasota Private Trust and Cleveland Private Trust; as well as Emigrant Bank Fine Art Finance, catering to the fine art and collectibles sector. This multi-faceted approach positions Emigrant as a leader in comprehensive wealth management solutions.
Media Inquiries
For more information, media representatives may reach out to Lucy O'Brien at PRCG | Haggerty LLC. With her extensive experience, she is well-positioned to provide insights into the exciting developments at Emigrant Bank and the services they offer.
Frequently Asked Questions
Who is Kenneth M. Eyler?
Kenneth M. Eyler is the new Managing Director of Family Office Services at Emigrant Bank, with over 30 years of experience in wealth management.
What is the role of a Managing Director in Family Office Services?
The Managing Director oversees family office operations, ensuring that the financial and strategic needs of ultra-high-net-worth clients are met effectively.
What experience does Eyler bring to Emigrant Bank?
Eyler brings significant experience from Cresset and Aquilance, where he managed family office services and solutions for affluent clients.
How does Emigrant Bank support ultra-high-net-worth clients?
Emigrant Bank provides tailored financial solutions, including banking, lending, insurance, and trust administration services, to meet the specific needs of wealthy individuals and families.
What is Emigrant Bank's historical significance?
Founded in 1850, Emigrant Bank has grown to become America's largest privately held, family-owned bank, focusing on serving the diverse financial needs of individuals and families.
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